Why Ocular Therapeutix Was Bumping Higher This Week

The market was seeing Ocular Therapeutix (OCUL -6.52%) very positively this week, and that sunny view pushed the company's stock higher.As of Friday morning before market open, the eye care specialist's shares were up by nearly 5% in price week to date, according to data compiled by S&P Global Market Intelligence. A key catalyst for this was an analyst's bullish initiation of coverage on the biotech's stock. In sight of serious price gainsEarly Tuesday morning, Needham's Serge Belanger formally became an Oc ...